Business Activity Management in Light Industry Enterprises in a Competitive Market Environment: Evidence from Uzbekistan

Abstract

Market competition obscures the business performance by posing risks from different origins and clues which eventually lead to revise the business activity of an enterprise. As a backbone industry of daily consumer needs – light industry – faces the same scene of market condition and trade structure which creates a considerable threat to the enterprises. This article examines the current market condition, competitive environment for light industry, evaluates the impact channels and areas for business activity of related enterprises and compares the scenarios with light industry development in Uzbekistan.

Keywords: light industry, business activity, competitive environment, Uzbekistan.